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#1
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Older central air and furnace on potential home
Hi all,
My wife and I may have found an older home that we'd like to purchase. It has all the character that we've looked for in a home. This would be our first house and is in our price range. The house is equipped with central air. The central air unit is an older unit and was just repaired about a week ago. The furnace is about 15 years old, as it was replaced in 1991. We intend to sell the house in 5 years, since this is our first home and is a smaller house that we'd outgrow in time. The home does come with a 1 yr warranty, but our concern is that while the furnace and a/c may make it through the first year, they may not last 5 years. I do know that a furnace that is properly maintained can last up to 25 years. But how long does a central air unit last? By 'guesstimation' I'd say it's about as old as the furnace, if not a little older. About how much more use will we get from the A/C unit, with it just repaired? And should we be concerned about the furnace? Our dilemma is, do we keep looking for something that has newer A/C and furnace or, do we risk replacing those things in an older home? |
#2
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Older central air and furnace on potential home
wrote in message oups.com... About how much more use will we get from the A/C unit, with it just repaired? And should we be concerned about the furnace? We bought our home 8 years ago, the central AC was approx. 20 years old then. We did a small (less than $100) repair on it 2 years ago, and it is still working great. Our dilemma is, do we keep looking for something that has newer A/C and furnace or, do we risk replacing those things in an older home? With home ownership, there is always something that is going to have to be replaced. Hot water heater, furnace, AC, appliances, roof, etc. Its just something you need to plan and budget for doing at some point...and there are never any guarantees. In terms of 'keep looking' or buy this and take a chance that something will need to be replaced in less than 5 years, I'd say that NO house (even a brand new one) is going to be perfect. Every house will need something done or have the potential for a problem with in your 5 year window. |
#3
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Older central air and furnace on potential home
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#4
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Older central air and furnace on potential home
On 25 Jul 2006 11:59:40 -0700, someone wrote:
Our dilemma is, do we keep looking for something that has newer A/C and furnace or, do we risk replacing those things in an older home? Ya pays yer money and ya takes yer chances. If you are that frightened, you should only buy new. But of coarse then you will not find a house with that "character" you are seeking, plus you'll pay a lot more. So are you one of those unicorn chasers who will always have an excuse why you have never found a house good enought for you to buy, since there is always some uncertsainty or flaw in anything you find? Keep looking forn that perfect house, don't buy until you find it, one with character you want, no risks at all, AND in your price range! (As long as I'm not your real estate agent, that is!) With that approach you will NEVER own your own home. Reply to NG only - this e.mail address goes to a kill file. |
#5
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Older central air and furnace on potential home
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#6
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Older central air and furnace on potential home
The question is how high will your utility bills be in summer and winter.
Might ask to see copies of their bills or call the utilities. New units use quite a bit less electricity/gas. Other than that it is just a question when something breaks to repair or replace. Since your only going to be there 5 years, then if repair less than replacement cost, then I would go with repair. If you were going to be there the rest of your lives, then I would replace the units now as the savings on energy would be well worth the cost. Note new refrigerators and air conditioners can use half the electricity of old units. |
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